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Bundling to make agriculture insurance work

Author

Listed:
  • Mukherjee, Premasis.
  • Pandey, Manoj.
  • Prashad, Pranav.

Abstract

Bundling agriculture insurance with other services like credit and better farm inputs is fast emerging as a possible solution to help agriculture insurance to achieve better social outcomes, make insurance more tangible and enable schemes to scale faster. There is evidence that states that access to agricultural insurance leads to significantly larger agricultural investment and riskier, yet more rewarding, production choices in agriculture. However, insurance as a standalone product may not be sufficient to overcome the binding constraints of farmers. Hence, bundling provides more value for all the players in the value chain.

Suggested Citation

  • Mukherjee, Premasis. & Pandey, Manoj. & Prashad, Pranav., 2017. "Bundling to make agriculture insurance work," ILO Working Papers 995186990402676, International Labour Organization.
    • Handle: RePEc:ilo:ilowps:995186990402676
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    Cited by:

    1. Wonga Masiza & Johannes George Chirima & Hamisai Hamandawana & Ahmed Mukalazi Kalumba & Hezekiel Bheki Magagula, 2021. "Linking Agricultural Index Insurance with Factors That Influence Maize Yield in Rain-Fed Smallholder Farming Systems," Sustainability, MDPI, vol. 13(9), pages 1-13, May.

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